- Business
- Phoenix Shipping (Wuhan) Co., Ltd. (000520.SZ) provides comprehensive shipping and logistics services focused on dry bulk cargo transportation in China. The company offers dry bulk shipping including coastal, ocean, Yangtze River, river-sea direct, and canal bulk cargo transportation; shipping agency services; freight forwarding; integrated logistics; special bulky transportation; ship leasing; and crew services such as labor dispatch, management, training, examinations, and renewal agency. It serves industries including steel, metallurgy, electric power, automobiles, coal, building materials, chemicals, cement, and commerce, with operations spanning the Yangtze River Basin, north-south coasts, Beijing-Hangzhou Canal, and select international ports. Founded in 2006 and listed on the Shenzhen Stock Exchange on July 1, 2006, the company is headquartered at Huijiang Building, No. 39 Hankou Minquan Road, Jianghan District, Wuhan, Hubei Province, China. In September 2023, the company changed its name from Chang Jiang Shipping Group Phoenix Co., Ltd. to Phoenix Shipping (Wuhan) Co., Ltd. as part of a corporate restructuring. In October 2025, it announced plans to invest up to $60 million from internal funds to expand and modernize its dry bulk carrier fleet, aiming to enhance shipping capacity, optimize fleet structure, and improve competitiveness and profitability, pending shareholder approval. Phoenix Shipping maintains over 30 branches in major cities along the Yangtze River, coastal ports, and overseas locations, and holds certifications including ISO9001, ISO14001, and ISO45001.